 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
SolarCity Introduces Solar Lease To Customers Of LADWP
Culver City CA (SPX) Jul 28, 2009 SolarCity has announced the availability of its award-winning solar leasing option (SolarLease ) to customers of Los Angeles Department of Water and Power (LADWP), the nation's largest municipal utility. SolarCity's lease combines with LADWP's generous solar rebates, among the highest of any U.S. utility, to make solar power as affordable for Los Angeles homeowners as anywhere in the nation. A SolarCity solar lease of a 4-kilowatt solar system, appropriate for a typical 3-bedroom home in Los Angeles, would start at $55 per month, with no money down, on approved credit. LADWP provides more than 1.4 million customers in the Los Angeles area with electricity. Erik Solter, a homeowner in Canoga Park in the San Fernando Valley, is among the first group of LADWP customers to sign up for SolarLease. "I've always wanted to be greener but I've been waiting for an option that makes financial sense," says Solter. "With SolarCity's SolarLease I can adopt solar power for less than I used to pay for electricity and help LADWP conserve energy." SolarCity's solar leasing option for LADWP customers is a 20-year lease with fixed monthly payments for the life of the lease, so savings increase over time if electricity rates rise. The first month's payment is due when the system is turned on. SolarCity's lease option includes financing, design, installation, a performance guarantee, the company's Web-based SolarGuard monitoring service, and repair service. "LADWP and Mayor Villaraigosa are continually working to increase the use of solar power in Los Angeles," said Lyndon Rive, CEO of SolarCity. "More than 1,000 LADWP customers have already inquired about our solar lease option, and we're hiring 25 new installers in the Los Angeles area to help meet the demand." Share This Article With Planet Earth
Related Links SolarCity All About Solar Energy at SolarDaily.com
Utility Scale Deployments Of Concentrator Photovoltaic SystemsMountain View CA (SPX) Jul 28, 2009 Renewable energy industry leader GreenWing Energy Management has announced that it has signed a landmark agreement with SolFocus for SolFocus to supply high concentration photovoltaic (CPV) systems for GreenWing's large-scale solar power projects in the western United States. The agreement marks an important expansion of GreenWing's business into the rapidly growing solar energy sector. ... read more |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2009 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook